Sell wall
By bitcoin_delight | Updated on May 24, 2020
Sell walls are a relatively new phenomenon in public order book exchanges with the rise of cryptocurrency trading. They are always manipulative in nature, designed to scare traders and skew price perception by placing anomolously large sell order(s) at a single price point. This will be reflected in the order book as a seeming "wall".
Related Terms
Market Taker
Participant of the market who buys and sells from currently existing orders
Wallet
Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies.
Buy/Sell Tax
On-chain buy or sell tax rate where a percentage of the tokens bought/sold will be transferred to a set address.
Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
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